Over the past 7 years (2016-2022), the average number of students who received grants aid/scholarships is 57, which is 47.33 % of all undergraduate students. 51 students which is 42.67% of undergraduate students received federal student loans and the average loan amount is $6,768.

For full-time, first-time beginning students (freshmen), 60.83% of students received grants or scholarships and 71% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Cutting Edge Academy since 2016.

For that period, the average number of students who received grants aid/scholarships is 57, which is 47.33 % of all undergraduate students. 51 students which is 42.67% of undergraduate students received federal student loans and the average loan amount is $6,768.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2016-1759 (53%)$3,62839 (35%)$3,87638 (34%)$7,091
2017-1861 (48%)$4,07160 (47%)$3,99257 (45%)$7,033
2018-1960 (50%)$4,39956 (47%)$3,89957 (48%)$6,221
2019-2058 (53%)$4,56157 (52%)$4,39652 (48%)$6,841
2020-2155 (42%)$4,72855 (42%)$4,41856 (43%)$6,291
2021-2247 (38%)$5,40347 (38%)$5,02047 (38%)$7,131
Average57 (47.33%)$4,46552 (43.50%)$4,26751 (42.67%)$6,768
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 7 years, on average, 12 (60.83 % of students) received grants or scholarships and its average amount is $5,628. It can cover 33.75% of tuition & fees ($16,675).

In addition, 14 (70.67 % of students) students get helped from the students loans (average amount : $7,035).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2016-1718 (82%)$4,40014 (64%)$6,741
2017-1816 (67%)$5,46217 (71%)$7,806
2018-1912 (48%)$5,82518 (72%)$7,038
2019-2011 (65%)$4,59014 (82%)$7,448
2020-216 (40%)$6,0289 (60%)$6,275
2021-2210 (63%)$7,46512 (75%)$6,901
Average12 (60.83%)$5,62814 (70.67%)$7,035
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 7 years, on average, 11 (57.17 % of students) received Pell (federal) grants and its average amount is $5,101.

In addition, 2 students received State/local government grants/scholarships (11.00 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2016-1714 (64%)$4,152--1 (5%)$4,0006 (27%)$2,843
2017-1816 (67%)$4,962--2 (8%)$4,000--
2018-1911 (44%)$4,809--3 (12%)$5,667--
2019-2011 (65%)$4,590------
2020-216 (40%)$6,028------
2021-2210 (63%)$6,065--3 (19%)$4,667--
Average11 (57.17%)$5,101--2 (11.00%)$4,5846 (27.00%)$2,843
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 7 years, on average, 14 (70.67 % of students) get any students loan help and its average loan amount is $14.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2016-1714 (64%)$6,74114 (64%)$6,741--
2017-1817 (71%)$7,80617 (71%)$7,806--
2018-1918 (72%)$7,03818 (72%)$7,038--
2019-2014 (82%)$7,44814 (82%)$7,448--
2020-219 (60%)$6,2759 (60%)$6,275--
2021-2212 (75%)$6,90112 (75%)$6,901--
Average14 (70.67%)$7,03514 (70.67%)$7,035--

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